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FxWirePro: AUD/NZD plunged over 0.45%, slips below weekly cloud to hit fresh yearly low


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AUD/USD: Bearish impulsive remains intact above 0.7300 ahead of Aussie Retail Sales

AUD/USD edges higher past 0.7500 ahead of RBA


7/5/2021 9:37:49 PM GMT
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By Anil Panchal
AUD/USD attacks the upper end of nearby trading range.
Virus woes get firmer with another virus strain, from California, marking resistance to vaccines.
RBA is expected to review bond yield target, interest rate, Orr’s comments will be the key.
US traders return after a long weekend, ISM Services PMI adds to the watcher’s list.
AUD/USD seesaws around the week-start levels, teasing resistance of a 30-pips range, as traders brace for an important day carrying the Reserve Bank of Australia (RBA) monetary policy meeting. That said, the quote trades near 0.7530 amid early Tuesday morning in Asia, unchanged on a day mainly due to the off in US markets. ....

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Aussie Retail Sales: Stronger than expected yet AUD/USD unchanged


7/5/2021 1:33:15 AM GMT
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By Ross J Burland
Aussie Retail Sales arrived at +0.4 pct m/m s/adj (reuters poll +0.1 pct).
Meanwhile, preliminary estimates showed a significant slowing in Australian retail sales in May with a 0.1% rise, analysts at Westpac said.
Coronavirus restrictions had a more material impact than expected with Victoria recording a -1.5% decline despite some lift in ‘stockpiling’ ahead of the 14-day lockdown in June. The final release may see slight revisions and will include the full survey detail.
AUD has not budged on the data.
AUD/USD technical analysis
Technically, from a 4-hour perspective, a pullback could be in order, targeting 0.75 the figure in a 38.2% Fibonacci retracement.  ....

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AUD/USD stays unimpressed by Australia Retail Sales below 0.7800


May 21, 2021 03:41 GMTFXStreet News
AUD/USD refreshes intraday low following Aussie Retail Sales for April.
Retail Sales grew past forecast but not beyond the previous readout, CBA PMIs came in mixed.
Market sentiment extends previous day’s optimism amid a lack of major catalysts.
Gaza ceasefire, Aussie-China tussles and Japan’s expanded emergency fail to entertain traders.
AUD/USD takes offers around intraday low of 0.7760, down 0.16% on a day, during early Friday. in doing so, the pair ignores better-than-expected preliminary Retail Sales for Australia amid mixed sentiment.
Australia Retail Sales cross 0.5% forecast with +1.1% MoM but lags behind the 1.3% prior.
Read: Aussie Retail Sales big beat vs expected by 0.6%, lower than prior ....

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